The key points are:
The increasing noise around investing – associated with a messier economic and geopolitical backdrop along with an explosion in information flow and the rise of social media – is arguably accentuating a desire for investment experts (or “influencers”) to show us the way with forecasts.
But while forecasts are often seen as central to investing, they should be treated with caution and are no substitute for having a disciplined approach to investing.
The real value in investment experts – at least the good ones – is to provide an understanding of the issues and to put things in context to help avoid making silly mistakes.